Tax Forms

W-4P

My wife and I are both retiring and have a question on IRS W-4P. Say my pension is $60,000 and my wife's is $50,000. On my wife's W-4P, would she report my pension of $60,000 in Step 2, b, i and iii? On my W-4P, would I also report my wife's pension of $50,000 in Step 2, b, i and iii? Thanks!

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